DETROIT – The General Motors Board of Directors today announced it has unanimously elected Mary Barra as its next Chairman, effective immediately. She succeeds Theodore (Tim) Solso, who will continue serving as the Board’s Lead Independent Director. Barra has served as GM CEO since Jan. 15, 2014. “At a time of unprecedented industry change, the […]
The Department of Justice, on behalf of the Environmental Protection Agency (EPA), today filed a civil complaint in federal court in Detroit, Michigan, against Volkswagen AG, Audi AG, Volkswagen Group of America Inc., Volkswagen Group of America Chattanooga Operations LLC, Porsche AG and Porsche Cars North America Inc. (collectively referred to as Volkswagen). The complaint […]
PHILADELPHIA, PA – December 9, 2015 – The Pep Boys – Manny, Moe & Jack (NYSE: PBY), the nation’s leading automotive aftermarket service and retail chain, today announced that, on December 8, 2015, its Board of Directors, after consultation with its independent legal and financial advisors, determined that the proposal from Icahn Enterprises L.P. to […]
DETROIT – Making shoe soles and washing solvent-drenched rags instead of discarding disposables are two ways General Motors is approaching its aspirational goal of becoming a zero waste manufacturer. With the addition of six landfill-free sites in Mexico and England, the company’s industry-leading landfill-free count totals 131 facilities. Luton Assembly and Ellesmere Port Assembly achieved […]
Volkswagen AG has issued the following information: CO2 issue largely concluded • No unlawful change to the stated fuel consumption and CO2 figures found to date • Only a small number of the model variants of new cars will have the catalogue figure slightly adjusted Just a month after questions relating to the CO2 figures […]
BLOOMFIELD HILLS, Mich., Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, announced today that it has acquired Audi Eatontown, Porsche Monmouth, Jaguar Monmouth and Land Rover Monmouth located in Monmouth County, New Jersey, one of the wealthiest counties in the United States. These franchises were acquired from the Schneider Nelson Auto Group […]
Detroit, Mich. — Today the UAW-GM Council and the International Union, UAW’s International Executive Board (IEB) met to discuss the ratification results for the tentative National Agreement recently negotiated with General Motors LLC. As previously noted, while the majority of the entire UAW-GM membership voted in favor of the tentative agreement – 55.4 percent in […]
Matthias Müller, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, has announced the five key steps to realign the Group. “We have to look beyond the current situation and create the conditions for Volkswagen’s successful further development”, said Müller in Wolfsburg on Wednesday. He presented a five point plan that he intends to use […]
WASHINGTON – Today, EPA is issuing a second notice of violation (NOV) of the Clean Air Act (CAA) to Volkswagen AG, Audi AG and Volkswagen Group of America, Inc. This NOV is also being issued to Porsche AG and Porsche Cars North America. These five companies are collectively referred to as Volkswagen (VW). The NOV […]
WASHINGTON – The Department of Transportation’s National Highway Traffic Safety Administration today issued two orders designed to protect the traveling public from defective Takata air bag inflators. The orders impose the largest civil penalty in NHTSA’s history for Takata’s violations of the Motor Vehicle Safety Act, and for the first time use NHTSA’s authority to […]
